Oops!

Business Update: Your week in numbers Business Update: Your week in numbers Business Update: Your week in numbers
This week we explore why 2020 is a risky year for Geneva’s luxury watch show, the SIHH. And ahead of the earnings report from UBS next week, @andreasschaffnercnn explains the extra challenges weighing on Swiss banks.
WATCH MORE
Urs Gredig
Is the Victorinox brand cool enough for a new generation?
After the 9/11 attacks in New York back in 2001, Victorinox sales fell by 30 percent. Many firms would have initiated mass layoffs after that kind of setback, but the company most famous for its Swiss Army knife chose instead to diversify its offerings in an attempt to turn it around. It was a risky move that mostly paid off, save for a clothing line that was discontinued after it failed to catch on. So where will the brand go next? Florent Girardin, assistant professor of marketing at Ecole hôtelière de Lausanne, says that he thinks a new marketing strategy is needed to tap into the younger generation of consumers.
Urs Gredig
Iconic Swiss brand Victorinox: The mother of all knives
Who doesn’t know the little red pocket knife with the Swiss white cross? The Swiss Army knife was developed in the late 19th century after the military decided that its soldiers needed a practical, versatile, and portable tool. Over 500 million pieces have been sold worldwide, and each knife is still produced at the Ibach-based family company Victorinox.
Hannah Wise
What Deutsche Bank can learn from the big Swiss banks
Deutsche Bank is not the first to undergo sweeping changes: Swiss banks like UBS and Credit Suisse have also felt the pain of mass restructuring. But Editor In Chief Andreas Schaffner argues that this is a whole new ball game.
Hannah Wise
Business Update: How low could your pension payout go?
Pension funds have been the talk of Switzerland this week, where payouts have gone down and could potentially go even lower. That means a noticeably smaller chunk when you retire, as Andreas Schaffner explains.
Hannah Wise
Business Update: Switzerland straddles fine line between two dragons
Though Switzerland is not part of the G20, this week’s summit has big implications for the country. Switzerland’s relationship with the world’s two superpowers, who are currently at odds with each other, puts the country in a unique and possibly precarious position, as Frederic Lelievre explains.
Hannah Wise
The SMI hits an all-time high, but does it matter?
For the first time ever, the Swiss stock exchange hit a lofty 10,000 points in trading earlier this week, and it is flirting with that number once again. But is this really due to the strength of Swiss stocks?
Hannah Wise
Switzerland’s women march to catch up
From the women’s strike to the still-unsigned EU framework agreement, events this week have shown that Switzerland still has a lot of work to do. Frederic Lelievre breaks it all down in this week’s edition.
Hannah Wise
Politics, not economics, will stop the slowdown
In Business Update this week, Editor in Chief Andreas Schaffner issues a wake-up call about the true role of the central banks.
Martina Fuchs
SPECIAL DEBATE: Do Swiss pension funds need to “green up”?
The European Union is racing ahead with its action plan on sustainable finance. But are Swiss pension funds doing what’s needed to catch up? Dorothea Baur, CEO and founder of Baur Consulting, and Heinz Rothacher, CEO of Complementa, discuss why Switzerland risks missing the ESG train.
Tanya König
A cement-free concrete invented in Zurich
Gnanli Landrou is using waste to produce a sustainable and cement-free concrete. He’s the founder of the ETH spin-off Oxara and made it onto the Forbes under 30 list.
Hannah Wise
Business Update: The secret is out!
It is supposed to be a secret conference of business and political leaders. But the list is out for this weekend’s Bilderberg Meeting. Frederic Lelièvre reveals just who is on the guest list in this week’s Number of the Week.
Tanya König
What start-ups miss in Switzerland
Swiss start-ups Procivis, Astrocast, and Pickwings tell Tanya König what’s missing in Switzerland for start-ups to grow.
CNNMoney Switzerland
Switzerland regaining competitiveness as Europe loses steam
Competitiveness across Europe has struggled to gain ground, but Switzerland is bucking this trend after climbing to fourth place in the IMD’s World Competitiveness Ranking 2019. Arturo Bris, director of the IMD World Competitiveness Center, gives his insights on this year’s competitive landscape.
Hannah Wise
Changes to be expected at ABB
ABB Switzerland Managing Director Robert Itschner says that there will be changes ahead. He explains how digitalization is transforming the business and why he sees tech giants such as Google and Microsoft as partners and not competitors.
LOAD MORE

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2019. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates.

© 2019 CNN Money Switzerland SA. All Rights Reserved.Terms under which this service is provided to you.

Privacy Policy

This website uses cookies

These cookies are necessary for the features of the www.cnnmoney.ch website to function properly. Other cookies are used to personalize the website.
You can accept or reject them by clicking the appropriate button.
For more details, see our Privacy Policy, the Terms of Use